Sitagliptin Export from China – Sitagliptin Export Report Jan-Jun 2016

31 October 2017
Sitagliptin Export Data

Pharmaceutical is one of the leading industries in China, covering pharmaceutical machinery, packing materials, hygiene materials, apparatus & instruments, medical devices, prepared Chinese medicines and synthetic chemicals & drugs. According to media reports, China is the world’s second-largest prescription drug market. The country exports various medicines in which Sitagliptin is one of the major ones. The HS Code of Sitagliptin in China is 30049090. So, how much Sitagliptin export from China? Let’s find an answer by analysing Sitagliptin export report of January to June 2016.


  

China Recorded Highest Export Value of Sitagliptin in May Month


China’s exports of Sitagliptin were highest in May month of 2016, which registered 32.21% share in value. February and March months recorded a steady rise in the export value of this pharmaceutical product. After which, figures declined in April. May month recorded a huge rise and June month registered a major fall down in export value of Sitagliptin. Let’s analyse China export statistics of Sitagliptin through chart and table given below.  



Month

Value USD (%)

Value USD

January

6.11%

6407416

February

16.66%

17462134

March

20.52%

21502958

April

17.19%

18013447

May

32.21%

33758765

June

7.31%

7661236

Grand Total

100.00%

104805956



Maximum Shipments of Sitagliptin Arrived at Korean Ports from China


Sitagliptin export report of Jan-Jun 2016 shows that China gave maximum supplied of this pharma product to the Republic of Korea. The country’s share in value recorded 59.82% in this period. It was followed by Hong Kong, Australia, Philippines and Malaysia. Korea’s Jeil Pharmaceutical Company Limited received maximum shipments of Sitagliptin from China. Below given chart and table gives an overview of five largest foreign importer countries of Sitagliptin with their top importer companies.



Destination Country

Value USD (%)

Foreign Importer Name

Republic of Korea

59.82%

Jeil Pharmaceutical Co. Ltd.

Hong Kong

12.88%

Indian Provisions store

Australia

12.64%

Filgap Healthcare Limited

Philippines

9.43%

M/S. Chira Pharmaceuticals Inc.

Malaysia

3.62%

D K V Smart Enterprise

 


Hangzhou MSD Pharmaceutical Company Limited is the Largest Chinese Exporter of Sitagliptin


China’s leading exporter of Sitagliptin – Hangzhou MSD Pharmaceutical Company Limited recorded maximum export value of this pharmaceutical product. It mainly exported Sitagliptin to Republic of Korea with share in value of 59.82%. How it performed in other countries? Let’s find out from table given below.



Destination Country

Export Value USD

Republic of Korea

62691067

Hong Kong

13501082

Australia

13244352

Philippines

9884176

Malaysia

9884176

Thailand

3796115

United Kingdom

1674038


 
How to Get China Export Data of Sitagliptin?


China export data is an effective market research tool, which gives authentic shipping information of not only Sitagliptin but other drugs as well that is exported from the country. Export Genius is the best choice to get complete customs-based Sitagliptin export data of China. It covers comprehensive range of details including Chinese exporter name of Sitagliptin, foreign importer name, value, quantity, etc. Look at the sample below to understand which fields are covered in Sitagliptin export customs data of China.



Date of Declaration

27-Jun-16

Trader Code

3301230179

Chinese Exporter Name

Hangzhou MSD Pharmaceutical Co. Ltd.

Chinese Trader Name (CN)

杭州默沙东制药有限公

Foreign Importer Name

Jeil Pharmaceutical Co. Ltd.

HS Code

30049090

Additional Code

99

Actual Product Description

Jienuo Wei 100MG * 28

Actual Product Description (CN)

诺维 100MG*28

Specification

28 / box; Sitagliptin phosphate, 100MG / piece

Specification (CN)

28/; 磷酸西格列汀 ,100MG/

Declared Quantity

46743

Declared Unit

Case

Price USD

72.47670004

Value USD

3387778.39

Price

3106.720965

Value

514939

Currency

CNY

Destination Country

Republic of Korea

Customs in Charge

Outer Harbour Customs

Payment Terms

FOB

Customs District

Shanghai

Legal Quantity

165.75

Legal Unit

Kg

Shipment

Sea

Trade Method

Processing and assembling trade import and export goods and materials processing

Port

Shanghai

Routing Country

Republic of Korea

 


Getting China export customs data of Sitagliptin is beneficial to have correct market picture and progressive business decisions. So, what are you waiting for? Request for a Demo right away! Reach us via www.exportgenius.in or send an email to info@exportgenius.in.

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